19.9 C
Tuesday, September 22, 2020
    Home Real estate crowdfunding Icrowdhouse presents promoters from Cádiz, Granada and Aragón the advantages of ...

    Icrowdhouse presents promoters from Cádiz, Granada and Aragón the advantages of their tool to obtain alternative financing

    Given the impossibility of organizing face-to-face meetings with different agents in the real estate sector, icrowdhouse It is promoting a series of virtual sessions to explain to investors and originators the participatory financing tool with which they can carry out projects that require an investment, something even more necessary in these times of economic uncertainty.

    Under the title "Alternative financing for real estate developments" the General Director of PropTech, Pedro Arroyo, explained to Granada real estate developers and investors this financing alternative in Equity.

    In the session with local representatives from Granada, he highlighted the difficulties promoters have in accessing bank financing with pre-sale requirements of at least 50%. "This is the situation that existed in the precovid, we do not know how the situation will be once the coronavirus crisis is over," argued Pedro Arroyo.

    In a situation as delicate as this, icrowdhouse “it is an alternative solution that was already designed, but that now makes even more sense ”, assured the Director General. Alternative financing through the icrowd platformhouse it allows the developer to depend on a smaller percentage of bank financing.

    Pedro Arroyo also had the opportunity this past Wednesday to present the icrowdhouse solution to the Confederation of Construction Entrepreneurs of Aragon in a virtual session in which business federations and associations from Zaragoza, Huesca and Teruel participated. Later, Proptech will organize a face-to-face meeting with them.

    In Cádiz in the month of May

    Before, on May 21, Pedro Arroyo made the platform known to local representatives of the Cádiz real estate sector. It was a meeting organized in collaboration with the Provincial Federation of Construction Business Associations of Cádiz.

    The CEO of icrowdhouse He explained to the attendees the evolution of the company and the treasured experience in recent years. The starting point begins in 2015 with the approval of the Law for the Promotion of Business Financing, which regulates participatory financing platforms with the aim of protecting investors. As Pedro Arroyo, the founder and partner of icrowd, commentedhouseYago Poveda "saw the need to create a platform to democratize real estate investments".

    Value proposal

    icrowdhouse offers a Saas based on the principles learned from developers and investors. The CROWD works as a white label with which each promoter can attract investors at a lower cost, around 0,8% and 2,6%. The entire process is digital and this tool allows each promoter to define his own strategy.

    The model launched by icrowdhouse pivots on three axes: the capabilities of icrowdhouse, the needs of developers and investors. The company detected as its strengths "the accreditation of the CNMV, a very powerful technological capacity and the experience in the world of PropTech, being us one of the most knowledgeable," said Pedro Arroyo.

    Regarding originators, there are three main needs for promoters to which icrowdhouse responds: confidence in the alternative financing formula but, at the same time, that it is recurrent and flexible and that the cost of raising it is not high. And, at the same time, that it is something simple and, in addition, that it is integrated into the chain of business model of promoters.

    The third point of the strategy focuses on investors. They demand absolute protection and anonymity; don't cost them money money; trust in the promoter, that they were always of quality; that the projects be validated by a third source beyond the promoter and icrowdhouse; full transparency to eliminate speculation; technology to make things easy; and that the platform was accessible with any device and from anywhere in the world and at any time of the day. In addition, the interest of collective investors, financial intermediaries and advisory firms who wanted access was appreciated.

    favicon new ich icrowdhouse 150x150
    Editorial team
    Participatory Financing Platform authorized by the National Securities Market Commission (CNMV) in accordance with the law 5 / 2015 for the Promotion of Business Financing. Registered with the number 22 in the Register of Participatory Financing Platforms of the CNMV.
    - Advertising -add icrowdhouse software

    More popular

    Real Estate Crowdfunding Platforms in Spain and the World

    In a previous post, in which we explained what Real Estate Crowdfunding is and how it works, we also exposed the periodic table of ...

    Where to invest my money in 2019

    It opens for the year 2019, a period of great uncertainty motivated by changes in both the world and national economies. The...

    PropTech and FinTech blogs you shouldn't miss

    The term FinTech, covers both financial companies that apply innovative technologies, to offer innovative financial services, as well as companies ...

    Advantages of Real Estate Crowdfunding vs. Traditional Investment

    Real estate crowdfunding has a number of advantages over traditional real estate investment and is causing a revolution in a sector that ...

    The 5 benefits of software to optimize the investment portfolio

    What do real estate investment platforms and their technological tools contribute to optimizing a portfolio of ...

    You should read

    We launched the first developer software that allows you to digitize real estate investment

    As a participatory financing platform, iCrowdhouse connects investors with developers and / or builders looking for alternative financing to develop their ...

    Has Covid-19 made your business premises empty and are you exploring how to take advantage of it as soon as possible? Convert it into a home thanks to ...

    Let's go to a practical example. It turns out that my commercial premises of 400 m2 in López de Hoyos de Madrid is no longer attractive, ...

    Real Estate Crowdfunding Platforms in Spain and the World

    In a previous post, in which we explained what Real Estate Crowdfunding is and how it works, we also exposed the periodic table of ...

    What is Real Estate Crowdfunding?

    What is Real Estate Crowdfunding? Real Estate Crowdfunding is also known as Real Estate Crowdfunding in Anglo-Saxon terminology. The term Crowdfunding comes from ...